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1506 Avenue D 2,200 SF Office Building Katy, TX 77493 $575,000 ($261.36/SF)
Investment Highlights
- Almost half an acre offered at $575,000—approximately $75K below the land appraisal value, excluding the building.
- Excellent access to major highways, including Interstate 10 and Highway 90, serving the greater Katy and Houston metro areas.
- Located less than 2 miles from Memorial Hermann Katy Hospital and 1 mile from Katy Mills Mall.
- Positioned within walking distance to local dining, retail centers, and community amenities in Old Katy.
Executive Summary
This property combines land value security with immediate functional utility, featuring a fully fenced site and an existing building suited for retail, medical, or office use.
Located just minutes from I-10 and Highway 90, the property offers excellent accessibility for clients, patients, and employees alike. It is positioned approximately 2 miles from Memorial Hermann Katy Hospital and only 1 mile from Katy Mills Mall, ensuring substantial traffic flow and exposure to a vibrant retail and residential base. The site includes RV-ready water, electrical, and sewer hookups at the rear, providing added flexibility for specialty users or auxiliary operations.
As Old Katy continues to experience strong economic momentum and urban infill, demand for well-located commercial properties remains robust. This address provides buyers with a competitive edge by offering development upside or immediate occupancy in a property where the underlying land value drives long-term investment confidence.
Located just minutes from I-10 and Highway 90, the property offers excellent accessibility for clients, patients, and employees alike. It is positioned approximately 2 miles from Memorial Hermann Katy Hospital and only 1 mile from Katy Mills Mall, ensuring substantial traffic flow and exposure to a vibrant retail and residential base. The site includes RV-ready water, electrical, and sewer hookups at the rear, providing added flexibility for specialty users or auxiliary operations.
As Old Katy continues to experience strong economic momentum and urban infill, demand for well-located commercial properties remains robust. This address provides buyers with a competitive edge by offering development upside or immediate occupancy in a property where the underlying land value drives long-term investment confidence.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
2,200 SF
Building Class
C
Year Built
1990
Price
$575,000
Price Per SF
$261.36
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,200 SF
Building FAR
0.12
Lot Size
0.43 AC
Zoning
C-1 - Commercial zoned for land. Retail, Office or Medical.
Parking
4 Spaces (1.82 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0420590000009 | Improvements Assessment | $117,444 |
| Land Assessment | $224,772 | Total Assessment | $342,216 |
Property Taxes
Parcel Number
0420590000009
Land Assessment
$224,772
Improvements Assessment
$117,444
Total Assessment
$342,216
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1506 Avenue D